All five of Canada's biggest banks had higher stock prices on Tuesday. The Toronto Stock Exchange surged to its highest level of 2016 on Tuesday, up about 75 points to 13,995 just before midday. The S&P/TSX composite index had been even higher this morning, trading as high as 14,023 at one point before coming back a little. In New York, the Dow Jones Industrial Average was also higher, up 215 points to 17,708. Energy companies, meanwhile, were also broadly higher as oil gained half a dollar to trade at $48.54 US a barrel.

Source: CBC News May 24, 2016 11:11 UTC